The US Savings Rate Is Approaching Record Lows
US personal savings rate fell to nearly the lowest level on record
The Leading Causes of Death Globally
In today’s world, the average person is several times more likely to eat, drink, and smoke themselves to death than to die of famine or poor sanitation
Image of the Day: Confessional
By Pawel Kucynski
Wolf Richter: Don’t Expect the Fed to Save the Housing Market this Time
If it doesn’t impact the banks, the Fed’s gonna let this thing slide
Map of the Day: US States Renamed as Countries with Similar GDPs
It is easy to forget just how large the US economy is
Greenspan: Social Security Benefits Need to Be Cut 25% to Be Sustainable
You would have to cut benefits now and indefinitely into the future by 25%
Italian Debt Crisis: Italian Central Bank Is the Only Net Buyer of Italian Debt
The Italian central bank is now the largest net buyer of Italian government debt since the Euro was implemented in January 2002
Image of the Day: Memorial Day
By Michael P. Rameriz
Map of the Day: Every Ruler in Europe Since 400 BC
Every major King, Emperor, President, and Prime Minister during every empire, war, and phase of European history from 400 BC until 2017
Image of the Day: Statue of Marcus Aurelius
By Hubert Robert – 1784